the big picture remains the same. There is an orderly pullback consolidation, which represents digestion period. The fact that the S&P managed to hold on to most of recent gain in the face of overbought conditions, indicating an internal strength. This increases the probability that the index will break out from current trading range as soon as the market shakes off the excessive bullishness
Day: August 23, 2019
This is Capital Essence’s U.S. Market ETFs Trading Map – SPDRs Sector Report for August 23, 2019. SPDRs Report is the daily, weekly and monthly technical overviews and analysis for major indices, key sectors, commodities ETFs. This information is a comprehensive summary derived from our proprietary trading system.